Flo is a new financing solution for emerging companies, offering fast, flexible, and cost-effective financing solutions for growing businesses.
While the economic disruptions of Covid-19 have adversely impacted many sectors, none have suffered more than restaurant and bar owners. Always a precarious business to start, emerging hospitality companies in the last year have been subject to some of the most unpredictable and difficult conditions in memory.
Flo wants to help these beleaguered entrepreneurs reclaim their seats at the small business table and thrive, helping them take advantage of the pent-up demand for social interactions by a population anxious to get out of the house and enjoy themselves.
Young companies need money to take advantage of circumstances when they arise. Perhaps the moment offers an irresistible new hire or a chance at a better location—if you can’t say “yes,” you may lose that opportunity. Your solution could be a flexible business credit line, a business term loan, equipment financing, or one of our other innovative methods of providing growing companies with the liquidity they need to be nimble.
Co-Founder Ryan Ridgway, who created Flo with the stated goal of combining agility with ethics, says: “We only prosper when our customers do. We want to partner with the companies we serve, not take advantage of them. Luckily, it turns out that ethics is profitable.”
